Project Management Test quiz and
answers graded A+
What are some defining characteristics of projects? - ANS✅✅1. An established objective (goals)
2. A defined life span with a beginning and end
3. The involvement of several departments and professionals (Specialized teams for different tasks)
4.Doing things that have never been done before(accomplishing something "new"/unique)
5. Specific time, cost, and performance requirements (these are what evaluations involve)
what a project is not - ANS✅✅not everyday work, not routine, repetitive work. Projects are done
only once!
The project life cycle - ANS✅✅Defining stage, planning stage, Executing stage, Closing stage
Defining Stage - ANS✅✅Specifications of the project are otlined,objectives,team formation,
responsibilities assigned
Planning Stage - ANS✅✅plans developed to determine what the project will entail, scheduling,
and quality level/budget
Executing stage - ANS✅✅Major portions of the work takes place(ie the bridge is produced)
time/cost used for control. Forecast, revisions, changes needed etc.
Closing Stage - ANS✅✅delivering the project, redeploying project resources (re-assigning), and
post project reviews(assessing performance etc)
• What reasons account for the increasing importance of Project Management? - ANS✅✅1.
Compression of the product life cycle
2. Knowledge explosion
3. Trple bottom line
4. Corporate Downsizing
5. Increased Customer Focus
, 1. Compression of the product life cycle - ANS✅✅(The fast rate of life for new products ie: xbox-
xbox 360 etc NO ROOM FOR ERROR
2. Knowledge explosion - ANS✅✅(new knowledge expands complexity so the need for new
methods is evident)
3. Trple bottom line - ANS✅✅(planet, people, profit- environmental concerns= can't just focus on
profit maximization)
4. Corporate Downsizing - ANS✅✅(project management is replacing middle management-
outsourcing is done, and more responsibilities rely on project managers)
5. Increased Customer Focus - ANS✅✅(Increased competition= the need for more value creation-
customization for specific needs= closer relationships needed)
The two dimensions of the project management process are - ANS✅✅Sociocultural and Technical
Sociocultural Dimension elements include - ANS✅✅Leadership, Problem solving, Teamwork,
Negotiation, Politics, Customer expectation (relationship interactions)
Technical Dimenssion elements include - ANS✅✅Scope, WBS, Schedules, Resource allocation,
status reports (functions)
"works well with others" - ANS✅✅Refers to the # 1 criterion for CIO's - Strong communication and
interpersonal skills is necessary.
Four activities of the strategic management process - ANS✅✅1. Review and define the
organizational mission
2. Set long-range goals and objectives (BASED OFF SWOT
3. Analyze and formulate strategies to reach objectives
4. Implement strategies through projects
SW - ANS✅✅internal
answers graded A+
What are some defining characteristics of projects? - ANS✅✅1. An established objective (goals)
2. A defined life span with a beginning and end
3. The involvement of several departments and professionals (Specialized teams for different tasks)
4.Doing things that have never been done before(accomplishing something "new"/unique)
5. Specific time, cost, and performance requirements (these are what evaluations involve)
what a project is not - ANS✅✅not everyday work, not routine, repetitive work. Projects are done
only once!
The project life cycle - ANS✅✅Defining stage, planning stage, Executing stage, Closing stage
Defining Stage - ANS✅✅Specifications of the project are otlined,objectives,team formation,
responsibilities assigned
Planning Stage - ANS✅✅plans developed to determine what the project will entail, scheduling,
and quality level/budget
Executing stage - ANS✅✅Major portions of the work takes place(ie the bridge is produced)
time/cost used for control. Forecast, revisions, changes needed etc.
Closing Stage - ANS✅✅delivering the project, redeploying project resources (re-assigning), and
post project reviews(assessing performance etc)
• What reasons account for the increasing importance of Project Management? - ANS✅✅1.
Compression of the product life cycle
2. Knowledge explosion
3. Trple bottom line
4. Corporate Downsizing
5. Increased Customer Focus
, 1. Compression of the product life cycle - ANS✅✅(The fast rate of life for new products ie: xbox-
xbox 360 etc NO ROOM FOR ERROR
2. Knowledge explosion - ANS✅✅(new knowledge expands complexity so the need for new
methods is evident)
3. Trple bottom line - ANS✅✅(planet, people, profit- environmental concerns= can't just focus on
profit maximization)
4. Corporate Downsizing - ANS✅✅(project management is replacing middle management-
outsourcing is done, and more responsibilities rely on project managers)
5. Increased Customer Focus - ANS✅✅(Increased competition= the need for more value creation-
customization for specific needs= closer relationships needed)
The two dimensions of the project management process are - ANS✅✅Sociocultural and Technical
Sociocultural Dimension elements include - ANS✅✅Leadership, Problem solving, Teamwork,
Negotiation, Politics, Customer expectation (relationship interactions)
Technical Dimenssion elements include - ANS✅✅Scope, WBS, Schedules, Resource allocation,
status reports (functions)
"works well with others" - ANS✅✅Refers to the # 1 criterion for CIO's - Strong communication and
interpersonal skills is necessary.
Four activities of the strategic management process - ANS✅✅1. Review and define the
organizational mission
2. Set long-range goals and objectives (BASED OFF SWOT
3. Analyze and formulate strategies to reach objectives
4. Implement strategies through projects
SW - ANS✅✅internal
